14 lines
841 B
JSON
14 lines
841 B
JSON
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{
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"HubID": "5297",
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"Date": "6/17/2025",
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"HubTags": [
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"External Platform Posts",
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"Future Map"
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],
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"Contacts": "",
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"Companies": "",
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"File": "",
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"Image": "5297__Image_URL.jpg",
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"Summary": "<p>As shown in this chart, the price of solar panels has dropped from over $1.20/watt in 2011 to under $0.20/watt in 2024 — an 85%+ decline. This demonstrates Swanson’s Law, which states: For every doubling of cumulative solar production, prices fall by about 20%. Swanson’s Law is a specific case of Wright’s Law, the broader principle that costs fall as experience and scale increase. These learning-curve dynamics have defined the rise of solar and they show up across many other segments, like batteries, EVs, chips. As we move more and more into AI and robotics/automation, we will see the same.</p>",
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"Notes": ""
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}
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